Motorola Solutions, Inc. $MSI Stake Boosted by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. boosted its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 9.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 15,801 shares of the communications equipment provider’s stock after buying an additional 1,327 shares during the period. Stratos Wealth Partners LTD.’s holdings in Motorola Solutions were worth $6,057,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of MSI. Covea Finance raised its stake in Motorola Solutions by 5.9% during the 3rd quarter. Covea Finance now owns 111,219 shares of the communications equipment provider’s stock valued at $50,859,000 after purchasing an additional 6,153 shares during the period. Swedbank AB boosted its position in shares of Motorola Solutions by 20.3% in the third quarter. Swedbank AB now owns 1,345,492 shares of the communications equipment provider’s stock worth $615,280,000 after buying an additional 227,062 shares during the period. Capital World Investors boosted its position in shares of Motorola Solutions by 5.5% in the third quarter. Capital World Investors now owns 9,386,519 shares of the communications equipment provider’s stock worth $4,292,310,000 after buying an additional 490,354 shares during the period. Barden Capital Management Inc. purchased a new position in shares of Motorola Solutions during the third quarter valued at $1,462,000. Finally, Varma Mutual Pension Insurance Co raised its position in Motorola Solutions by 8.4% during the third quarter. Varma Mutual Pension Insurance Co now owns 29,701 shares of the communications equipment provider’s stock valued at $13,582,000 after buying an additional 2,300 shares during the period. 84.17% of the stock is owned by hedge funds and other institutional investors.

Motorola Solutions Price Performance

MSI opened at $438.35 on Monday. The stock has a fifty day moving average price of $446.96 and a 200 day moving average price of $419.72. The company has a current ratio of 1.04, a quick ratio of 0.87 and a debt-to-equity ratio of 3.47. Motorola Solutions, Inc. has a 1 year low of $359.36 and a 1 year high of $492.22. The stock has a market cap of $72.62 billion, a price-to-earnings ratio of 34.35, a PEG ratio of 3.07 and a beta of 0.99.

Motorola Solutions (NYSE:MSI) last issued its earnings results on Wednesday, February 11th. The communications equipment provider reported $4.59 earnings per share for the quarter, topping the consensus estimate of $4.35 by $0.24. The company had revenue of $3.38 billion for the quarter, compared to analyst estimates of $3.34 billion. Motorola Solutions had a return on equity of 110.75% and a net margin of 18.44%.The business’s revenue was up 12.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $4.04 EPS. Analysts forecast that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Friday, March 20th will be given a dividend of $1.21 per share. This represents a $4.84 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Friday, March 20th. Motorola Solutions’s dividend payout ratio (DPR) is presently 37.93%.

Analyst Upgrades and Downgrades

MSI has been the subject of several research analyst reports. Barclays increased their price objective on Motorola Solutions from $495.00 to $506.00 and gave the stock an “overweight” rating in a research note on Thursday, February 12th. Morgan Stanley reiterated an “overweight” rating and issued a $470.00 target price on shares of Motorola Solutions in a report on Thursday, February 12th. JPMorgan Chase & Co. increased their price target on shares of Motorola Solutions from $515.00 to $520.00 and gave the stock an “overweight” rating in a research report on Thursday, February 12th. Truist Financial assumed coverage on shares of Motorola Solutions in a report on Tuesday, March 31st. They set a “buy” rating and a $540.00 price target for the company. Finally, Piper Sandler reaffirmed an “overweight” rating and set a $499.00 price objective (up from $443.00) on shares of Motorola Solutions in a research report on Thursday, February 12th. Two investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, Motorola Solutions has an average rating of “Buy” and a consensus target price of $502.50.

Insider Activity at Motorola Solutions

In other news, CEO Cynthia Yazdi sold 7,000 shares of the stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $471.01, for a total transaction of $3,297,070.00. Following the transaction, the chief executive officer owned 9,529 shares in the company, valued at $4,488,254.29. This represents a 42.35% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Kenneth D. Denman sold 434 shares of the firm’s stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $470.12, for a total transaction of $204,032.08. Following the transaction, the director owned 7,153 shares in the company, valued at $3,362,768.36. This represents a 5.72% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 129,069 shares of company stock valued at $60,779,964. 1.44% of the stock is currently owned by corporate insiders.

Motorola Solutions Company Profile

Motorola Solutions, Inc is a provider of mission-critical communications and analytics solutions for public safety and commercial customers. The company designs, manufactures and supports a range of communications equipment and software aimed at enabling first responders, government agencies and enterprises to coordinate and operate reliably in high-pressure environments. Its offerings emphasize secure, resilient connectivity and situational awareness for organizations that require dependable voice, data and video communications.

Product lines include land mobile radio (LMR) systems and handheld and vehicle-mounted radios used by police, fire and emergency medical services; broadband push-to-talk and LTE-based solutions; command-and-control center software for incident management and records; and video security and analytics systems.